Sustainability Reports 2022/23

Smart technologies have become increasingly important in the real estate industry. They improve operational efficiency, reduce costs and enhance customer experience. We stay up-to-date and remain competitive by equipping employees with essential skills and knowledge in smart technologies, and enhancing their data literacy, via training in technology development and application. The training covers virtual reality (VR), property technology, the metaverse, video production, photography, cybersecurity, Modular Integrated Construction (MiC), Design for Manufacture and Assembly (DfMA) and Multi-trade Integrated Mechanical Electrical and Plumbing (MiMEP). CASE STUDY Equipping Talents with Skills and Knowledge in Smart Technology Sanfield’s Summer Internship nurtures talents for the construction industry. During the reporting year, 82 undergraduates mostly majoring in engineering- related subjects participated in the programme, which includes innovation and technology elements. Sanfield invited interns to its new research centre at the Hong Kong Science Park to gain insights into the implementation of smart technologies such as robots transporting large preassembled parts on construction sites. Meanwhile, a week-long Building Information Modelling (BIM) course taught students how BIM is applied in daily operations. For instance, students used drones to collect data, uploaded it to BIM, and experienced the BIM model in VR. Hong Yip was the first property management company in Hong Kong to incorporate VR and augmented reality (AR) technologies in training. Its training centre, equipped with VR and AR devices, delivers 14 sets of advanced modules and has completed nearly 1,000 training sessions. These offer premises setups, props, characters and emergency scenarios to evaluate employees’ capabilities for handling fire, traffic accidents, unidentified objects, injuries, waterlogging and electrical issues. In coming years, Hong Yip plans to introduce mixed reality (MR) to encourage more innovative and diverse learning. Going forward, SHKP and its subsidiaries will continue to incorporate technological elements into their training. Alongside our investment in our employees, this will keep us ahead of our competition and hence provide the best experience for our customers. Sanfield’s interns learn about the latest construction-related technology at Sanfield’s new innovation and technology centre VR DfMA MiC MiMEP Hong Yip was the first property management company in Hong Kong to implement VR and AR technologies in training Sun Hung Kai Properties Limited Sustainability Report 2022/23 40 Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability Value Created for People Value Created for Customers Value Created for Supply Chain Value Created for Community Appendices Value Created for the Environment